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From the Liveblog of
Saturday, June 27, 2026
From the Liveblog of
Saturday, June 27, 2026
Iran reports inflation spiked 88.6% this month compared to previous year
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This picture shows new Iranian bank notes of 1 million, 500,000, and 100,000 rials on August 3, 2025. (ATTA KENARE / AFP)
Inflation in Iran rose sharply in June, driven by the Middle East war, reaching a peak of 88.6 percent year-on-year, according to official figures.
According to the Statistical Centre of Iran, during the Persian month of Khordad (May 22–June 21), food prices more than doubled year-on-year. Even before the war, Iran was plagued by high inflation.
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